Cardano (ADA) has seen major price swings recently.
It once surged to $1.3 after news of upcoming crypto regulations but later dropped below $0.7, despite briefly touching $1.2.
This volatility has left many wondering whether ADA can regain momentum and push higher.
Based on my analysis, ADA needs to stay above $1.2 to continue its upward trend toward $1.3.
While this won’t be easy, Cardano has made similar moves in the past, proving its potential for strong recoveries.
Another key factor is the growing support around ADA, along with discussions about a possible ETF.
If market sentiment remains bullish, these elements could drive the price higher and set the stage for another rally.
For now, ADA’s price action remains crucial.
A strong push above $1.2 could confirm its next move, bringing $1.3 within reach.
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